Fed Governor Barr is expected to announce the new measures in a speech on September 10:
- Fed to halve biggest banks' capital hike in latest Basel plan
- FED, FDIC, OCC poised to unveil changes as soon as September 19
- Top banks face 9% increase in revised plan from 19% earlier
Headlines come via Bloomberg
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At 1400 GMT / 1000 US Eastern time Federal Reserve Vice Chair for Supervision Michael Barr speaks on "Basel III Endgame" before the Brookings Institution
Michael Barr nominate to Federal Reserve Board of Governors
